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*Euro holds just under $1.10, dollar near 124 yen. SYDNEY, Aug 3- The dollar stayed on the backfoot early on Monday after suffering a setback late last week when subdued wage growth clouded the outlook on the timing for an interest rate hike. The euro bought $1.09760, having lifted from a low of $1.08935.

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WASHINGTON, Aug 2- The White House said it will launch the first ever rule on Monday to cut carbon emissions from power plants, a plan that opponents in the coal industry and their political allies will fight in the courts. In a fact sheet issued on Sunday, the White House said President Barack Obama's Clean Power Plan will cut emissions by 32 percent from 2005 levels...

NEW YORK, Aug 2- Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the unions have been in talks with Verizon over the company's plans to cut costs by controlling healthcare and pension-related benefits over a...

DANA POINT, Calif.— Billionaire industrialist Charles Koch warned America is "done for" if the conservative donors and politicians he gathered at a retreat this weekend don't rally others to their cause of demanding a smaller, less-intrusive government. As such, five GOP contenders are speaking to the donor group, answering questions. Marco Rubio, responding to a...

Aug 2- Fuji Heavy Industries, the parent company of automaker Subaru, has told its network of suppliers that it expects them to treat workers fairly and to uphold "human rights and international standards of behavior." "Fuji Heavy Industries does not condone the exploitation of any class of worker, either in its own operations or within its supply chain," the company...

FITCHBURG, Wis.— A kitchen appliance manufacturer is planning a $62 million expansion south of Madison, netting $5 million in state and local support for creating an estimated 300 new jobs. Sub-Zero Group, makers of Sub-Zero and Wolf appliances, chose last month to expand its Fitchburg facility over a planned site in Kentucky, the Wisconsin State Journal...

LOS ANGELES, Aug, 2- Tom Cruise's "Mission: Impossible-- Rogue Nation" dominated the U.S. box office this weekend with an impressive $56 million at 3,956 locations. The Paramount/ Skydance tentpole generated $20.3 million at the Friday box office, setting an opening day mark for the sturdy franchise- and signaling that Cruise still carries plenty of star power.

An Oregon bakery was fined $135,000 for refusing to bake a cake for a lesbian couple's wedding. A Louisiana man posted a video to the Internet lambasting a local Wal-Mart for not making a cake with a Confederate flag on it. "Cake has had symbolic meaning in this country," even aside from politics, said Stephen Schmidt, food historian and writer for the Manuscripts...

—In 2014, 1.6 percent of the electricity purchased in the U.S. came from Canada, and 60 percent of that went to New England and New York, according to the U.S. Energy Information Administration. Canadian imports made up 12 to 16 percent of retail electricity sales in New England and New York. —In 2014, Hydro- Quebec, the biggest Canadian player in New England, exported...

CONCORD, N.H.— Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. The six New England governors say reining in the costs is a...

OTTAWA, Aug 2- Canadian Prime Minister Stephen Harper on Sunday called a parliamentary election for Oct 19, kicking off a marathon 11- week campaign likely to focus on a stubbornly sluggish economy and his decade in power. Polls indicate that Harper's right-of-center Conservative Party, which has been in office since 2006, could well lose its majority in the...

Aug 2- The Greek stock market will reopen on Monday after a five-week shutdown brought on by capital controls imposed at the height of the cash-for-reforms crisis with international lenders. The rules have been approved by the European Central Bank to avoid a new deposit flight from Greek banks. Local investors, like all Greeks, will not be allowed to withdraw...

ATHENS, Aug 2- Greek traders said on Sunday they expected a torrid day of losses when the Athens stock market opens after being shuttered for five weeks as part of attempts to stop Greece's financial collapse. A combination of pent-up trading, worries about the future and Greece's worsening economy could knock 20 percent or more off the Athens General Index on...

A new piece of debris, meanwhile, found on Sunday on the French island of Reunion in the western Indian Ocean turned out to be a "domestic ladder," and doesn't belong to a plane, Malaysian Director General of Civil Aviation Azharuddin Abdul Rahman told The Associated Press amid media reports that a new plane part was found. Malaysian government officials will ask...